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Im lost without the PW thread!!!!
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Originally posted by skippabcool View PostSenate overwhelmingly approved compromise legislation negating a fiscal cliff of across-the-board tax increasesOriginally posted by skippabcool View PostWhat happened to the pledge of not raising taxes for the middle class?
The most frustrating part is that this Senate-approved plan is forecast to add $4 Trillion to the national debt over the next 10 years. And they want to pretend that they have made substantial progress!
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Originally posted by dingleberry View PostAs I understand it, the Senate-approved legislation applies increased income tax only to those above $400K/yr. Actually, because the expiration of the tax cuts officially happened, they will claim that they did not raise taxes, but instead gave a tax cut to the lower and middle classes. Typical political speak.
The most frustrating part is that this Senate-approved plan is forecast to add $4 Trillion to the national debt over the next 10 years. And they want to pretend that they have made substantial progress!"Failing to prepare is preparing to fail" John Wooden- Rest in Peace
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